I like this sentence on Page 3:
"China has a pollution problem. It wants to clean that up. Electric cars is one solution. Building the tech that makes those cars affordable to a class of people that is more in the Geely and Buick market space than in the Audi and Tesla market will have ramifications for the auto business not only in China, but throughout Asia."
short position covered, and who needs to buy shares cheaper must have bought. What is next? Going up from here? Yes because it has no where to go. The company is fundamentally strong --- business is expanding, new models coming to market, strong government support, the country is working day and night building charging stations (yesterday I saw a wireless charging station video). These are the facts. Everything else on this board and Seeking alpha are pure #$%$. Many many big up days in the next few years. Just wait and see.
If you bought the stock at close to 13 two days ago, you are just humiliated by now because you are down 20%. It seems the market is smart and you are stupid. Well if in 3 years the stock is trading well above 100 you look back you will realize how stupid the market was in the last couple of days. And you will realize, and have the last laugh.
Yes I agree. This downgrade basically says oh I missed the rally from the bottom when it was 5. So lets bring it down before we buy it.
Maybe if Google does not buy it, MSFT will? Or from somebody nobody would thought: BABA.
pathetic. It is well controlled by shorts who may have lot put positions or wrote large calls. But unfortunately there is no big investor in this like Ican or Buttet or shorts would not be so defiant. Well, at least Buffet invested 002594 (or byddy in the us) is doing well. So it seems you need not only good revenue and earnings and good policy environment but also big investor in you to be able to have your stock perform well. I am amazed by this stock market everyday.
at this depressed price. It just bought plenty of zu. But twtr is only 25 billion. It is quite doable. Even Baidu can do it. Nothing beats twtr if you really want to expand outside China
I have to agree this is the mother of all manipulators. But the sad fact is you can not do anything about it. The only to do is to take a loss and leave if you are short term oriented. Or you just sleep on it for the next 5 years to wait for this China EV story to play out. I will wait for 5 years.
by one metric: Baba's GMV is $96.67 billion (600 billion yuan). That is 4.78 times of Ebay's. So if you multiply Ebay's price share price of $57.49 by 4.78, you get 274.80. In other words, if the market value share price by GMV alone, Baba should be at $274.80 to be equivalent to Ebay's value. And Carl Icahn thinks ebay is undervalued...
is coming down too. So before they say it was the dollar strength that killed gold. But now dollar is pretty week --- check uup, and yet gold is still week. Looks like as they said, gold is going nowhere.
in dormant? Look at 002594. Clean energy is strong supported by both the people and the government. Because people are really really fed up with the smog. If you hold kndi. sleep well. In 5 years when you look back where the stock was today, you will laugh.
The trend is very clear. It has to be way below the 50 day mvg for a small rebound and then soon as it touchs 50 day mvg it is a new shorting opportunity. Very predictable.
all i am sharing here is that in that EV stocks are hot in China as we speak and Kendi after closing two gap ups is close to run up time. I could still be wrong. But if you noticed recent uptick in the depress e-commerce sector, such as jmei, jd. of course baba is an exception still low hanging. You can sort of know that these low hanging fruit will be picked up sooner or later. So chip in and be patient.
Wow, you sound quite exacerbated. Did you put all your money in the stock and now underwater? Or even on margin and lost out already. Who do you blame? Even if it is good stock as you believe it is, you should still put down no more than 10% of your money. Even if you entered from a low point you still need to do it in small steps. Then you can totally relax.
Kendi is on the list, as well as 002594's, You know it is not if but when, for kendi's stock to go up. But picking it up slowly is important. Since they always try to scare you out of your shares, you can take advantage of that by picking the low every month. Then one day, the big bang will happen. It can be in new highs in a couple of days.
If you look at 002594 byddy they are all pretty strong and near all time high. KNDI is controlled by US shorts but I see this is a good opportunity for longs to slowly add in their long position. Rememebr, KNDI is low volume traded and when news hit shorts will be under strong pressure immediately and cover at very high price. In the US we say don't fight the feds. In China Kendi is supported by both central and local government. Shorts are dying without knowing it.